The Australian dollar drifted higher against its major counterparts in the early European session on Tuesday.

The aussie strengthened to a 5-day high of 0.7221 against the greenback and an 11-day high of 0.9404 against the loonie, from its early lows of 0.7144 and 0.9332, respectively. Against the yen, the euro and the kiwi, the aussie hit near a 3-week high of 81.02, 5-day high of 1.6209 and a 4-day high of 1.0937, from its previous 5-day low of 79.78, 6-day low of 1.6333 and a weekly low of 1.0878, respectively.

The aussie is seen finding resistance around 0.74 against the greenback, 0.96 against the loonie, 82.00 against the yen, 1.60 against the euro and 1.11 against the kiwi.

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